Central Bank RatesHungary policy rate in 2002 (7 changes)
Start of year9.75%
End of year8.50%Dec 31, 2002
Net change-125 bp2 hikes, 5 cuts
Average9.068%
Rank by level8 / 34
Changes in 2002
| Date | From | To | Change |
|---|---|---|---|
| Jan 8, 2002 | 9.75% | 9.50% | cut -25 bp |
| Jan 22, 2002 | 9.50% | 9.00% | cut -50 bp |
| Feb 19, 2002 | 9.00% | 8.50% | cut -50 bp |
| May 22, 2002 | 8.50% | 9.00% | hike +50 bp |
| Jul 9, 2002 | 9.00% | 9.50% | hike +50 bp |
| Nov 19, 2002 | 9.50% | 9.00% | cut -50 bp |
| Dec 17, 2002 | 9.00% | 8.50% | cut -50 bp |
Compared with other areas at the end of 2002
44%
25%
21%
15.22%
13.5%
9.5%
8.9%
8.5%
8.25%
7.5%
7%
6.75%
6.5%
5.75%
5.63%
5.31%
5.25%
5%
4.75%
4.25%
4%
3.75%
3.25%
3.25%
3%
2.95%
2.75%
2.75%
2.75%
2.75%
2%
1.75%
1.25%
0.75%
Year-end rate over time
5.5%
6.5%
6.5%
10.75%
13%
2.4%
0.6%
0.9%
0.9%
0.9%
0.9%
1.35%
2.1%
3%
5.75%
7%
5.75%
6.25%
10%
7.5%
8%
6%
9.5%
12.5%
8.5%
9.75%
11%
2002: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.